Ben Franklin is a capital provider with over three decades of experience in the Philadelphia area. This accomplished organization has recognized the benefits of blockchain, and has now announced a collaboration with industry leader, Securitize. Onboarding Platform Through this collaboration, Ben Franklin will be utilizing services rendered by Securitize to host a digital security offering. […]
Category: STO News
Blockstack to Host DSO, Pending Greenlight by SEC
Intent to Raise Blockstack has just announced that they have been working with the Securities and Exchange Commission (SEC), to arrange an upcoming digital security offering (DSO). Recognizing the trend in the industry, veering away from ICOs towards DSOs, Blockstack thought it prudent to take their time, to ensure that every step of their intended […]
Harvard University Makes $5 – $10 Million Crypto Investment into Blockstack Security Token Sale
Blockstack is one of the latest companies to apply to the US Securities and Exchange Commission (SEC) for a token sale that they are hoping will bring in $50 million for their company. It would end up leveraging the Regulation A+ crowdfunding exemption, and, as big of a deal as this would be for approval, […]
Blockport Targets European and US-based Investors with its First BPS Security Token Offering
Blockport has announced the impending launch of their Security Token Offering (STO). The world’s pioneering social cryptocurrency exchange plans to hold the first phase of the STO on April 15. The target for this round is set at €5 million and will target investors from the US and Europe. Eventually, Blockport aims to raise any […]
Thor Token Shuts Down After Blaming Regulatory Issues, Company Raised $21 Million
Thor Token Shuts Down After Blaming Regulatory Issues, Company Raised $21 Million It’s a sad day when we see a company closing down. This is what happened to the creators of the Thor token, as the company announced this week that it would cease all activities. The explanation was given by the CEO of Thor […]
Security Tokens or STO vs Crowdfunding, ICOs & IEOs – Thought Leaders
This is part 3 of a 5 part series. Click here for part 1, or Click Here for Part 2. Crowdfunding and ICO – a step in evolution of capital markets ICO acronym abbreviates to “initial coin offering”. But the practice stems from small capital funding method known as the crowdfunding. In 2009 a US […]
Blockstack Files for $50 Million SEC-Regulated Tokenized Offering Under Reg A+ Framework
On April 11th 2019, Blockstack filed an offering statement with the U.S. Securities and Exchange Commission (SEC) to conduct a Reg A+ $50 million tokenized offering. If approved, the offering is expected to be the first time “a blockchain project receives approval to access the public U.S. securities market”. Details of Blockstack’s SEC-Regulated Token Offering […]
Timeless Luxury Group Choses Globex to Power its Digital Securities Offering
As of April 9th 2019, Timeless Luxury Group has selected Globex’s suite of blockchain solutions to fuel its Digital Securities Offering (DSO). One solution features an industry first smartphone application to conduct investor verification, onboarding, and whitelisting. Timeless Luxury Group to Launch First-Ever DSO with SEC-Registered Transfer Agent Globex is an SaaS enterprise focused on […]
Mauritius FSC Releases Guidance Note on Security Token Offerings
Guidelines Released Pundits from around the world have been pining for clarification on regulations pertaining to digital securities. In a recently released document, the Mauritius Financial Services Commission did just that. In this communication, the FSC touched on various issues causing confusion. Here are a few brief highlights. All STOs are subject to be regulated […]
Blockstack Launches Bid to Hold 1st Ever SEC-Regulated Token Sale
The company says that it’s hoping to provide a regulatory pathway for other companies to follow in.
